Industry

Transport

BKK introduces online booking for Telebusz transport service

Online booking of the Telebusz transport service is now available at telebusz.bkk.hu, Center for Budapest Transport (BKK) says....

Retail

Aldi Magyarország raises pay 4%-8%

The local unit of German discount chain Aldi has raised staff wages by 4-8% from January 1, Aldi Magyarország said...

Deals

IIB places EUR 30 mln bond

The Budapest-based International Investment Bank (IIB) has announced the placement of a EUR 30 million bond with a German insurance...

Pharma

Hungarian authorities review Sinopharm vaccine production in Beijing 

Experts of the National Institute of Pharmacy and Nutrition (OGYÉI) have reviewed production of the Sinopharm COVID-19 vaccine in Beijing,...

Retail

Vehicles fuel sales fall 7.8%

Vehicle fuel sales of members of the Hungarian Petroleum Association (MASZ) fell 7.8% annually to 3.61 billion liters in 2020,...

Automotive

Continental to open new factory in Serbia’s Novi Sad in early March

In early March, the German company Continental is opening a new factory of automotive electronics in Novi Sad, worth EUR...

Transport

Wizz Air issues EUR 500 mln bond

Hungarian low-fare carrier Wizz Air on Thursday announced the issue of a EUR 500 million debut bond, according to a...

Manufacturing

Austria’s FACC starts construction of aircraft parts plant in Croatia

Austrian aerospace and defense company Fischer Advanced Composite Components (FACC) has started the construction of a EUR 33 million aircraft...

Pharma

EC adopts recommendation keeping Esmya as last resort

The European Commission has adopted a recommendation by the Committee for Medicinal Products for Human Use (CHMP) of the European...

Deals

GE Healthcare plans HUF 3.3 bln expansion at digital development centers in Hungary

GE Healthcare will invest HUF 3.3 billion to expand its digital development centers in the capital and in Szeged (162...

Transport

HUF 700 bln in railway developments to be completed this year

Unprecedented railway developments will be completed in Hungary this year worth about HUF 700 billion of investment, said State Secretary...

Retail

Praktiker completes HUF 200 mln store overhaul

Do-it-yourself chain Praktiker has completed a HUF 200 million overhaul of a store in the north of the capital and...

Transport

HungaroControl ATCs direct half a million fewer aircraft in 2020

HungaroControl's air traffic controllers directed over half a million fewer aircraft last year as the pandemic impacted travel, the state-owned...

Automotive

Vehicle, engine production grows at Audi

Vehicle and engine production grew at German carmaker Audi's plant in Hungary last year, Audi Hungária communications director Mónika Czechmeister...

Manufacturing

Heineken Hungária awarded govt grant for HUF 540 mln upgrade

Minister of Foreign Affairs and Trade Péter Szijjártó on Tuesday awarded the local unit of Heineken a HUF 270 million...

Pharma

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Pharma

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Manufacturing

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Retail

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Pharma

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Pharmaceutical Logistics: From Reliable Support to Strategic Partnership

Pharmaceutical logistics now encompasses much more than warehousing and transportation. László Dene, deputy CEO for business at Hungaropharma Zrt., discusses...

Wizz Air Luton–Sofia Flight Diverted to Budapest After Bomb Threat

A Wizz Air flight from London Luton to Sofia was diverted to Budapest after receiving a bomb threat during the...

Pirelli Cinturato Winter 3 Takes Top Honors in European Tests

As winter approaches, drivers face a familiar question: which tires can provide dependable performance when road conditions start to change?...

Advancing the Conversation on Ovarian Cancer

Javier Aracil, AbbVie’s general manager for the Adriatics and Hungary, reflects on how greater awareness, continued innovation and collaboration across...

Hungary’s First Mr D.I.Y. Store to Open at Köki Alongside Popeyes

Budapest’s Köki shopping center will welcome Hungary’s first Mr D.I.Y. store and the country’s fourth Popeyes restaurant in November. Footwear...

Coca-Cola HBC Hungary Announces Record HUF 35 bln Expansion

Coca-Cola HBC Magyarország announced a HUF 35 bln investment to expand its Dunaharaszti production center on Wednesday, marking its largest...

Ryanair Adds 12th Budapest Aircraft and Eight Routes for Winter

Ryanair will base a 12th aircraft in Budapest for its winter 2026 schedule, operating 54 routes, including eight new connections,...

Michelin Celebrates 30th Anniversary of Presence in Hungary

Michelin celebrated the 30th anniversary of its presence in Hungary at an anniversary event at its Nyíregyháza facility (231 km...

Aldi Hungary Challenges HUF 123 mln Fine Over Advertising Claims

Aldi Magyarország is seeking a court review of a Hungarian Competition Authority (GVH) decision fining it HUF 123 mln for...

Geely Leads Interest in Chinese Car Brands Newly Launched in Hungary

Geely attracted the most interest among Chinese car brands entering Hungary this year, according to January-September data from used car...

Futureal Acquires Hungary’s Largest Outlet Center

Futureal has acquired Premier Outlet Budapest, Hungary’s largest outlet center, as it expands its Hungarian operations into direct investment in...

Serbia Says MOL Deal for NIS Stake Signed; MOL Reports No Disclosure Update

A contract for MOL’s acquisition of a stake in Serbian oil and gas company NIS from Russia’s Gazprom Neft has...

From Youth-led Ideas to Decision-Makers’ Table: A Day Revolving Around the Future of Hungarian Science and Healthcare

How can Hungary become a regional hub for clinical trials? Young physicians, researchers, and biotech innovators spent a morning tackling...

Wizz Air Enters Winter With Fuel Hedges and Record Summer Traffic

Discount airline Wizz Air is preparing for winter with more than EUR 2.2 billion in liquidity and fuel hedges covering...

Older Small Cars Rise in Price as Hungary’s Budget Used-Car Supply Shrinks

Suzuki Swift asking prices rose 25.8% year-on-year in September as the share of used cars below HUF 2.5 mln shrank,...